poration (Yorozu) a loss of JPY 13.4 billion, and Alpha Corporation (Alpha) a loss of JPY 0.3 billion. Piolax Inc. (Piolax) also saw a decline in profit. During this fiscal year, Unipres, Yorozu, and Alpha expect to return to profitability, while Faltec Co., Ltd. (Faltec) predicts a profit decline. Kasai Kogyo Co., Ltd. has postponed the disclosure primarily due to a delay in its accounting work. Alpha, which expects to return to profitability de...

News  Updated at: 2025/05/23

Kasai Kogyo to reform business structure and strengthen North American business Kasai Kogyo Co., Ltd. (Kasai Kogyo) will start structural reforms to revamp its business performance. In North America, where it has experienced significant losses, the company plans to radically reform its business, including relocation and closure of businesses, and relocate its staff to create new businesses and display growth again. The company aims to increase pr...

News  Updated at: 2025/05/01

Kasai Kogyo to transfer all shares of German subsidiary Kasai Kogyo Co., Ltd. (Kasai Kogyo) announced that it will divest all shares in its consolidated subsidiary in Germany, Kasai (Germany) GmbH (KGE). KGE was established in 2019 as a wholly-owned subsidiary of Kasai Kogyo for the purpose of expanding its European business. It has been conducting manufacturing and sales of automotive interior components. However, with the changes to the busines...

News  Updated at: 2025/03/28

Kasai Kogyo develops new analysis method for appearance defects of automotive plastic interior parts Kasai Kogyo Co., Ltd. (Kasai Kogyo) has developed a new method that analyzes the mechanism that causes appearance defects of automotive plastic interior parts. The new method can be applied to various defects generated in forming processes. Kasai Kogyo assumed that defects are caused by the sliding of formed products when they harden and shrink in...

News  Updated at: 2025/03/11

Nissan completes investment in Kasai Kogyo On November 1, Nissan Motor Co., Ltd. announced that it has completed all necessary procedures, including approval by Kasai Kogyo’s ordinary general shareholders meeting, completion of regulatory approvals, and other necessary processes for the investment in Kasai Kogyo Co., Ltd. announced onMay 9, 2024, and has acquired newly issued Class A preferred shares of Kasai Kogyo. Based on Nissan’s press re...

News  Updated at: 2024/11/06

ear 2024). Two of them reported a revenue decrease, and six companies reported an operating income decrease (four of which had an operating loss). The financial results were affected by Nissan’s reduced global production. The most affected was their Chinese business. ALPHA Corporation (ALPHA) and Kasai Kogyo Co., Ltd. posted a loss in their Asian business including China. The seven parts suppliers are hasting to improve profitability, expecting...

News  Updated at: 2024/08/22

Kasai Kogyo to launch material recycled from automotive head lining leftovers in 2027 Kasai Kogyo Co., Ltd. (Kasai Kogyo) plans to launch a material recycled from automotive head lining (roof trim) leftovers around 2027. The company has achieved 1.5 times or higher strength compared to normal polypropylene (PP) by pulverizing multiple materials such as glass fibers. Kasai Kogyo will start volume production at its Ota Plant (Ota City, Gunma Prefec...

News  Updated at: 2024/07/09

Kasai Kogyo to receive JPY 6 billion from Nissan for structural reforms Kasai Kogyo Co. Ltd. (Kasai Kogyo) announced that it will receive an investment of JPY 6 billion from Nissan Motor Co., Ltd. (Nissan). The companies concluded an investment agreement under which Nissan will underwrite Class A preferred shares to be issued by Kasai Kogyo through a third-party allotment. The invested JPY 6 billion will be allocated to structural reform expenses...

News  Updated at: 2024/05/10

Kasai Kogyo high-performance heat insulator adopted in Isuzu ELF Kasai Kogyo Co., Ltd. (Kasai Kogyo) announced that its newly developed high-performance insulator was adopted in the Isuzu ELF. Compared to its conventional products, the heat insulation and the sound absorption performances have been improved by about 110% and up to 120% respectively. Additionally, it achieves up to 105% sound insulation performance under in-vehicle conditions. The...

News  Updated at: 2023/10/24

Kasai Kogyo to supply door trims using new high-foam molding for Toyota Alphard and Vellfire Kasai Kogyo Co., Ltd. (Kasai Kogyo) announced that it has succeeded in developing what it refers to as “Thin Initial Thickness and Highly Foam Injection Molding”. This technology reduces the amount of resin used and maintains product performance contributing to a reduction in vehicle weight and CO2 emissions. The front door trims and slide door trims ...

News  Updated at: 2023/09/07

Kasai Kogyo proprietary composite molding material receives award in sustainable category Kasai Kogyo Co., Ltd. (Kasai Kogyo) announced that it has received an Honorable Mention in the ALTAIR ENLIGHTEN AWARD 2023 Sustainable Processes category, sponsored by the Center for Automotive Research (CAR) and ALTAIR. The award was given for Kasai-Hi Papia (KHP), which is an original resource-saving technology and adopted in the automotive industry, for i...

News  Updated at: 2023/08/10

Kasai Kogyo to transfer U.S. Madison Plant and conclude leaseback agreement for flexible production Kasai Kogyo Co., Ltd. (Kasai Kogyo) announced that Kasai North America, Inc. (Kasai NA), a subsidiary in the U.S., will transfer ownership of its Madison Plant in the state of Mississippi. After the transfer, it will conclude a leaseback agreement and continue production. The transferee and transfer price are not disclosed. This is a countermeasure...

News  Updated at: 2022/08/04

Kasai Kogyo to establish sustainable supply chain by strengthening ties with suppliers Kasai Kogyo Co., Ltd. (Kasai Kogyo) will establish a medium- and long-term partnership by selecting certain suppliers for each component. The company will review its existing cost-oriented criteria by which it selects suppliers by getting quotations from multiple companies. Kasai Kogyo will establish new criteria that cover all areas such as resin and other raw...

News  Updated at: 2022/03/17

Kasai Kogyo to optimize global production capacity Kasai Kogyo Co., Ltd. (Kasai Kogyo) will step up efforts to consider optimizing its global production capacity. In the U.S., it will close its Madison Plant in Mississippi and transfer functions at the plant to its Manchester Plant in Tennessee. The company will also consider closing around three plants in Japan and taking over operations at its plant in Germany. Nissan Motor Co., Ltd. and Honda ...

News  Updated at: 2022/02/28

Four Nissan suppliers report profit losses for April to December 2021 period According to the financial results for the period from April to December 2021 announced by seven Japanese auto parts and car body suppliers whose main customer is Nissan Motor Co., Ltd., Unipres Corporation, Kasai Kogyo Co., Ltd., and  Nissan Shatai Co., Ltd. reported increased losses for the term, and Faltec Co., Ltd.’s net profit dropped into the red. This is attrib...

News  Updated at: 2022/02/18

Kasai Kogyo to establish new plant in Morocco in mid-2022 Kasai Kogyo Co., Ltd. (Kasai Kogyo) has revealed plans to make inroads into Morocco in mid-2022. The company will transfer production of some parts it manufactures at its plants in the U.K. and Germany that require manual labor in an effort to reduce costs. The production site in Morocco will be used as a parts supply base for the European market. Since Kasai Kogyo’s business with Europe...

News  Updated at: 2021/12/20

Kasai Kogyo to radically review development and production systems for stable profitability Kasai Kogyo Co., Ltd. (Kasai Kogyo) will conduct a radical review of its product development and production systems. The company will transfer labor-intensive interior parts production from its plants in advanced countries to emerging counties, localize product design, and consolidate head office functions by region. Kasai Kogyo aims to keep securing profi...

News  Updated at: 2021/12/02

Kasai Kogyo decides on withdrawal from Slovakia Kasai Kogyo Co., Ltd. (Kasai Kogyo) announced that it will end its automotive interior parts production and sales business in Slovakia. Its consolidated subsidiary, Kasai Slovakia s.r.o. (Kasai Slovakia), will be dissolved. The subsidiary will discontinue production at the end of July, and complete liquidation proceedings at the end of 2022. Kasai Slovakia was established in August 2017 to deal with...

News  Updated at: 2021/06/17

Kasai Kogyo discussing withdrawal of Slovakia business with customers Kasai Kogyo Co., Ltd. (Kasai Kogyo) announced that it is in discussion with its customers regarding its withdrawal from the business of manufacturing and selling automotive interior components in Slovakia. The company has been manufacturing and selling automotive interior products in Slovakia through its subsidiary KASAI SLOVAKIA s.r.o. (KASAI SLOVAKIA). The company has been ha...

News  Updated at: 2021/05/17

roduction due to poor sales at Nissan. On July 6, Piolax, Inc. announced its consolidated financial results for the fiscal year that ended in March 2020 (FY19). In the first half of FY 2019, all of Nissan’s seven main suppliers reported a decrease in revenue,  four of which (Unipres Corporation, Kasai Kogyo Co., Ltd., Yorozu Corporation, and Alpha Corporation) posted a negative balance. Faltec Co., Ltd. and Nissan Shatai Co., Ltd. recorded a y...

News  Updated at: 2020/07/08